Instant Road Side Assistance Startup Ready Assist raised $5 Million dollars in Pre Series A Funding
Bengaluru-based vehicle repair startup Ready Assist has raised $5 million in funding as a part of Series A funding. This funding round has been led by Howen International Fund SPC.
Ready Assist is a startup founded in 2016 by Vimal Singh that provides 24/7 real-time breakdown and on-the-spot repair services to vehicles across India. Ready Assist has helped more than 1 million stranded vehicles move forward, covering 16650+ pin codes with 2.8 million square kilometers of service coverage across India. They have 5,000+ service providers and 600,000+ subscribers on their platform.
“ReadyAssist has always been driven to ensure the maximum availability of our services to every customer in the country, even during the most difficult days. This funding will definitely help us add wings to our service and ensure that India witnesses uncompromised 24/7 roadside assistance from ReadyAssist across the country in the months and years ahead. “Supporting the Indian EV ecosystem and adding speed to our services will be our special focus,” said Vimal Singh SV, Founder and CEO of ReadyAssist.
The subscriptions of Ready Assist are as follows
here are the services provided by Ready Assist when you face a problem amid of Highway or any Road (Bikes, Cars & EVs):
1. Towing (Lifting, Flat Bed)
2. Flat tyre fixing
3. Breakdown support
4. Battery Jumpstart
5. Major repairs
6. Tinkering & Painting
7. Key lock-out assistance
8. Accident Recovery Support
Ready assist has more than 6 Lakhs active subscribers and 50% of them are Cars and 10% are EV’s. They have acquired majority of subscribers through B2B and now started focusing on B2C. These funds will be allocated for Technology and enhance service offerings across network to bring speed and availability for every nook and corner across India. They also wanted to enhance EV service offerings. For more such Funding stories read World Startup News.
